New Construction Mixed-Use
For Sale
$2,437,500
199 N Us-175, Seagoville, TX 75159
Shell-condition commercial space offers flexible suite planning, substantial parking, and prominent US Hwy 175 access.
Property Size8,125 SF
Days on Market9
Property Features for 199 N Us-175
General Information
Standard status
Active
Size
8,125 SF
Property subtype
Commercial
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
landscape architecture
open space
Building Details
Building Size
8,125 SF
Year Built
2025
Buildings
1
Units
5
Parking Ratio
8.7 per 1,000 SF
Listing Agency:
Perfect Realty Partners
(469) 536-8695
Listed By:
Srinivas Chaluvadi · License #0593565
(469) 536-8695
Source:
Vickiesteam
Added: Aug 14
Changed: Aug 21
Last Checked: Aug 21 at 1:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Perfect Realty Partners
Investment Insights
Based on property information with market context.
This 2025 mixed-use property is a newly constructed commercial building delivered in shell condition. The plan can be divided into five functional suites, with a large interior area, stone-look brick exterior, and completed landscape improvements. A build-ready pad also supports construction of a 3,000-square-foot building. Commercial zoning accommodates the property’s retail, restaurant, and office configuration.
The site fronts US Hwy 175 in Seagoville and includes a parking ratio of 8.7 spaces per 1,000 SF. An open area provides room for outdoor seating or other community-oriented uses. Malloy Bridge Apartments is across the highway, while a 1,300-home lagoon community is minutes away. Additional shopping and dining options are also located within minutes of the property.
The site fronts US Hwy 175 in Seagoville and includes a parking ratio of 8.7 spaces per 1,000 SF. An open area provides room for outdoor seating or other community-oriented uses. Malloy Bridge Apartments is across the highway, while a 1,300-home lagoon community is minutes away. Additional shopping and dining options are also located within minutes of the property.
Key Highlights
- 2025 new‑construction mixed‑use building in shell condition
- Five suites can be created through subdivision
- Parking ratio of 8.7 spaces per 1,000 SF
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$145,256
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,905,120
$2.9M
Cap Rate 7%
$2,075,086
$2.1M
Cap Rate 9%
$1,613,956
$1.6M
Market Conditions
NOI Build-Up for 8,125 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$202.8K $24.96/SF
− Vacancy
−$9.1K −$1.12/SF
EGI
$193.7K $23.84/SF
− OpEx
−$48.4K −$5.96/SF
NOI
$145.3K $17.88/SF
Area
Dallas County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,905,120
Cap Rate 7%
$2,075,086
Cap Rate 9%
$1,613,956
Alternative Uses
Best Use
Specialty Retail
$2.08M
$1.82M – $2.42M
NOI $145,256 @ 7.0% cap · market cap 5.96%
Second Best
Retail
$1.93M
$1.69M – $2.25M
NOI $134,862 @ 7.0% cap · market cap 5.53%
Theoretical Best
Multifamily LT 5
$97.39M
$85.22M – $113.62M
NOI $6,817,407 @ 7.0% cap · market cap 279.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
Explore this area
Business Placement
Demographics for 75159, TX
22,127
Population
7,192
Households
3.1
Avg Household Size
35
Median Age
13%
College-Educated
76%
High-School Grad
59.3 sq mi
ZIP Area
373
Density / Sq Mi
$72,245
Median Household Income
$36,643
Median Earnings
$1,176
Median Rent
$224,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Shell-condition commercial space offers flexible suite planning, substantial parking, and prominent US Hwy 175 access.
Where is this mixed-use property located?
The property is located at 199 N Us-175 Seagoville, TX.
What is the asking price?
The asking price for this property is $2,437,500.
What are key features of this property?
This property features: 2025 new‑construction mixed‑use building in shell condition; Five suites can be created through subdivision; Parking ratio of 8.7 spaces per 1,000 SF
